Ferrari says 80pc of its models will be electric or hybrid by 2030

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MARANELLO, June 19 — Ferrari unveiled Thursday plans to turn 80 per cent of its production into all-electric or hybrid cars by 2030 in a major shift for an iconic brand renowned...

MARANELLO, June 19 — Ferrari unveiled Thursday plans to turn 80 per cent of its production into all-electric or hybrid cars by 2030 in a major shift for an iconic brand renowned for its powerful combustion engines.

“Ferrari’s first all-electric car will be 100 per cent a sports car,” commercial director Enrico Galliera told AFP. Under the plan, some 60 per cent of its production would be all-electric or hybrid models by 2026, rising to 80 per cent by 2030. Ferrari, which celebrates its 75th anniversary this year, broke results records in 2021, delivering 11,155 cars — up 22.3 per cent — and generating revenue of €4.3 billion .

 

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